This is the second post of a four part fact-checking series brought to you by the Glen Iris Blog.
WHY FACT CHECK?
It doesn't exactly take the observational skills of Angela Lansbury for one to put together pretty quickly that Stuart Sutherland is a man that is seldom wrong about anything.
In fact, Stuart comes across as so right about everything, some might even label him a bit of a Renaissance man - well versed in everything from the nuts and bolts of commercial construction to the nitty-gritty nuances of accounting and business math. So, the Glen Iris Blog thought it might be educational to take several statements and claims made by Stuart Sutherland at our Annual Meeting and do a little fact checking to see if, in fact, he is as knowledgeable as he would have us believe.
DISINFORMATION At the recent Annual Meeting, one homeowner proposed turning down or off the electric space heaters that dot the stairwells of both the 660 and 640 buildings. I don't recall the exact dollar figure that the homeowner maintained could be saved annually by this proposed cost cutting measure, but I believe it was on the order of $4,000.
Upon hearing this suggestion, I was awestruck by how quickly and firmly the money saving suggestion was discarded out of hand by Stuart Sutherland. What was even more telling, to me anyway, was the certainty with which Stuart announced that no money could be saved by the homeowner's suggestion whatsoever. And if I've learned one thing about Stuart Sutherland, it's that
the more adamantly certain he sounds, the more likely it is that what he's saying is pulled straight out of his arse and highly unlikely to have much, if any, truth to it whatsoever.
But, admittedly, that's just my opinion. So, in an effort to add a measure of empiricism to the debate, the Glen Iris Blog decided to take an independent look at both the claims made by the homeowner and the claims made by Stuart.
FACT Using actual Georgia Power usage and cost data provided to the Blog by CMA, it turns out that the homeowner and Stuart were both wrong. In fact, electric space heaters (one of the few things consuming electricity only when it's cold, apart from heat strips to prevent pipes from freezing, however they are only drawing power when the temperature drops below freezing) are almost certainly adding
significantly to electricity usage during the winter months. (Continued...)